Capital Southwest Corporation (NasdaqGS:CSWC) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its common stock. Repurchases will be made at prices below the company's net asset value per share as reported in its most recent financial statements. The company may utilize various methods to effect the repurchases, which could include open market or negotiated transactions, including through Rule 10b5-1 plans. The timing, prices, and sizes of repurchases will depend upon prevailing market prices, general economic and market conditions, and other considerations. The Board of Directors believes that the company's common stock may be undervalued from time to time due to normal market volatility. The repurchase program will be in effect until the approved dollar amount has been used to repurchase shares or the Board amends or discontinues the plan at any time. There is no obligation of the company to repurchase shares, and the company may discontinue repurchases at any time at its discretion.

On March 1, 2016, the company entered into a share repurchase agreement with Cantor Fitzgerald & Co. This agreement established a plan in compliance with the requirements of Rules 10b5-1(c)(1)(i)(B) and 10b-18 under the Securities Exchange Act of 1934. The plan was established pursuant to a $10 million share repurchase program that the Board approved on January 20, 2016. This agreement became effective immediately and shall terminate on the earliest of the date on which a total of $10 million worth of common shares have been purchased under the plan, the date on which the terms set forth in the purchase instructions have been met; or he date that is one trading day after the date on which insider notifies broker in writing that this agreement shall terminate.